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Nonprofiteer
← WELLS OF LIFE INC

Form 990 for tax year 2022

Filed by WELLS OF LIFE INC.

Totals

Total revenue
$3,593,915
Total expenses
$2,908,739
Contributions and grants received
$3,745,761
Grants paid
$0
Program service revenue
$0
Investment income
-$1,779
Other revenue
-$150,067
Total assets, end of year
$3,875,273
Total liabilities, end of year
$345,789
Net assets or fund balances, end of year
$3,529,484
Program services expenses (Part IX)
$2,246,227
Management and general expenses
$369,392
Fundraising expenses
$293,120
Program service expenses (Part III)
$2,246,227

Program services were 77.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $2,092,213

  • 1f · All other contributions, gifts and grants

    $1,653,548

  • 3 · Investment income

    total $159 · excluded $159

  • 7a · Gross sales of assets other than inventory

    securities $90,839

  • 7b · Less cost or other basis and sales expenses

    securities $92,777

  • 7c · Gain or loss

    securities -$1,938

  • 7d · Net gain or loss

    total -$1,938 · related or exempt -$1,938

  • 8a · Fundraising events: gross income

    $0

  • 8a · Fundraising events: contributions included on line 1c

    $2,092,213

  • 8b · Fundraising events: direct expenses

    $150,067

  • 8c · Net income from fundraising events

    total -$150,067 · excluded -$150,067

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $290,224 · program services $217,669 · management and general $18,764 · fundraising $53,791

  • 7 · Other salaries and wages

    total $376,921 · program services $269,974 · management and general $48,881 · fundraising $58,066

  • 10 · Payroll taxes

    total $43,697 · program services $30,634 · management and general $6,991 · fundraising $6,072

  • 11a · Fees: management

    total $148,802 · program services $110,751 · management and general $18,211 · fundraising $19,840

  • 11b · Fees: legal

    total $8,067 · management and general $8,067

  • 11c · Fees: accounting

    total $88,920 · program services $32,851 · management and general $56,069

  • 12 · Advertising and promotion

    total $95,933 · program services $14,720 · fundraising $81,213

  • 13 · Office expenses

    total $84,531 · program services $21,819 · management and general $38,245 · fundraising $24,467

  • 16 · Occupancy

    total $45,858 · management and general $22,015 · fundraising $23,843

  • 17 · Travel

    total $36,246 · program services $13,584 · fundraising $22,662

  • 20 · Interest

    total $988 · program services $988

  • 21 · Payments to affiliates

    total $1,526,036 · program services $1,526,036

  • 22 · Depreciation, depletion and amortization

    total $4,054 · management and general $4,054

  • 23 · Insurance

    total $6,214 · program services $4,350 · management and general $1,864

  • 24a · Other expenses: UNCOLLECTIBLE PLEDGES

    total $118,225 · management and general $118,225

  • 24b · Other expenses: BANK CHARGES

    total $10,793 · management and general $10,793

  • 24c · Other expenses: POSTAGE AND MAILING

    total $10,200 · management and general $10,200

  • 24d · Other expenses: DUES AND SUBSCRIPTIONS

    total $4,922 · management and general $2,461 · fundraising $2,461

  • 24e · All other expenses

    total $8,108 · program services $2,851 · management and general $4,552 · fundraising $705

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $320,250 · end of year $621,928

  • 2 · Savings and temporary cash investments

    beginning of year $512,229 · end of year $642,311

  • 3 · Pledges and grants receivable

    beginning of year $2,056,042 · end of year $2,463,578

  • 9 · Prepaid expenses and deferred charges

    beginning of year $6,927 · end of year $1,689

  • 10a · Land, buildings and equipment: cost or other basis

    $20,258

  • 10b · Land, buildings and equipment: accumulated depreciation

    $5,716

  • 10c · Land, buildings and equipment, net

    beginning of year $415 · end of year $14,542

  • 15 · Other assets

    beginning of year $4,530 · end of year $131,225

  • 17 · Accounts payable and accrued expenses

    beginning of year $56,084 · end of year $66,705

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $150,000

  • 25 · Other liabilities

    beginning of year $0 · end of year $129,084

  • 27 · Net assets without donor restrictions

    beginning of year $441,038 · end of year $1,378,595

  • 28 · Net assets with donor restrictions

    beginning of year $2,403,271 · end of year $2,150,889

Mission and programs · 2022

Mission

WELLS OF LIFE IS NON-PROFIT CHRISTIAN WATER DEVELOPMENT ORGANIZATION WORKING IN RURAL UGANDA.

  • BY 2030, HALF OF THE GLOBAL POPULATION IS EXPECTED TO BE LIVING IN WATER-STRESSED CONDITIONS. COMPETITION FOR WATER RESOURCES WILL ONLY INTENSIFY WITH INCREASING URBANIZATION, POPULATION GROWTH AND THE THREAT OF CLIMATE CHANGE. AS A RESULT, WE CAN EXPECT MORE CONFLICT, DISPLACEMENT AND PUBLIC HEALTH EMERGENCIES. NO ONE STANDS TO SUFFER FROM THE CONSEQUENCES OF WATER INSECURITY MORE THAN CHILDREN.WELLS OF LIFE IS A 501(C)(3) NON-PROFIT CHRISTIAN ORGANIZATION WHOSE MISSION IS TO PROVIDE RURAL UGANDANS ACCESS TO SAFE, CLEAN WATER THROUGH THE INSTALLATION OR RESTORATION OF SUSTAINABLE BOREHOLE WATER WELLS AND WASH (WATER, SANITATION, AND HYGIENE) EDUCATIONAL PROGRAMS. BY COMMITTING YOUR SUPPORT FOR CLEAN WATER, YOU GIVE TIME, OPPORTUNITY, EDUCATION, AND EMPOWERMENT. WHEN A COMMUNITY RECEIVES CLEAN WATER, THEY ARE GIVEN THE RESOURCES OF HEALTH, HYGIENE, AND TIME TO CREATE A MORE SUSTAINABLE SOCIETY. WE CONTINUE TO WORK CLOSELY WITH THE KINGDOM OF BUGANDA AND THE PRIME MINISTER CHARLES PETER MAYIGA. THANKS TO OUR SUPPORTERS, OUR WELLS ARE COLLECTIVELY SERVING MORE THAN 1 MILLION PEOPLE.WE ARE TACKLING THE WORLDWIDE CRISIS OF THE SHORTAGE OF CLEAN DRINKING WATER IN THE SPIRIT OF MATTHEW 17:20, "IF YOU HAVE FAITH AS SMALL AS A MUSTARD SEED, YOU CAN MOVE MOUNTAINS." WE ARE A GROUP OF INDIVIDUALS, FAMILIES, SCHOOLS, CHURCHES, AND BUSINESSES THAT ARE COMMITTED TO FORMING IN AMERICA AN UNDERSTANDING OF THE DICTATES OF 1 JOHN 3:18, TO NOT LOVE WITH ONLY WORDS OR SPEECH, BUT WITH ACTIONS AND IN A SPECIFIC APPLICATION THAT IS CRITICALLY NEEDED, QUICKLY ACCOMPLISHED, IMMEDIATELY VERIFIABLE AND EFFECTIVE, AND EASILY REPLICATED TO SCALE. A CHILD DIES IN EAST AFRICA FROM THE ILL EFFECTS OF CONTAMINATED WATER EVERY 21 SECONDS. ONE CHILD IN FIVE DIES BEFORE REACHING THEIR FIFTH BIRTHDAY OF CAUSES DIRECTLY ATTRIBUTABLE TO INGESTING CONTAMINATED WATER, EVEN THOUGH GOD'S CLEAN, LIFE-SAVING, SIGHT-PRESERVING WATER IS ONLY A FEW DOZEN YARDS DIRECTLY UNDER THEIR FEET.

    Expenses $2,246,227

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Mike Martin

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3

  • Mike Raguse

    TREASURER

    Total calculated
    $0
    Hours/week
    3

  • Michelle Yegsigian

    SECRETARY

    Total calculated
    $0
    Hours/week
    15

  • Charlie Hedges

    VICE PRESIDENT

    Total calculated
    $60,763
    From this org
    $60,763
    From related orgs
    $0
    Other
    $0
    Hours/week
    30

  • Peter Callahan

    PRESIDENT

    Total calculated
    $0
    Hours/week
    15

  • Jacqueline Dupont Carlson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3

  • Sister Joan Hogan

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3

  • Nicholas P Jordan

    EXECUTIVE DIRECTOR

    Total calculated
    $229,462
    From this org
    $229,462
    From related orgs
    $0
    Other
    $0
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $179,462
    Bonus
    $50,000
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $229,462

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • WELLS OF LIFE UGANDA

    WELL DRILLING · UG

Provenance

Return type
form_990
Tax year
2022
Filed
3 November 2023
IRS schema version
2022v5.0
Source object
202323079349302387

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